Generating Automated Inventory Reorder Alerts
An Inventory Specialist needs to monitor stock levels for various products and quickly identify which items are below their reorder point (e.g., 50 units) to prevent stockouts. Manually reviewing hundreds of items is inefficient.
=IF(B2<50,"Reorder Now","In Stock") How it works: This formula checks if the stock level in cell B2 is less than 50. If it is, it returns 'Reorder Now', indicating the item needs attention. Otherwise, it returns 'In Stock', meaning the level is healthy.
Data Setup
| Item ID | Stock Level |
|---|---|
| PROD001 | 75 |
| PROD002 | 30 |
| PROD003 | 50 |
| PROD004 | 15 |
Step-by-Step Guide
Open your inventory tracking spreadsheet.
In a new column (e.g., C2), type the formula: `=IF(B2<50,"Reorder Now","In Stock")`
Press Enter.
Drag the fill handle down to apply the formula to all inventory items.
Explore More
Tracking Products Below Reorder Threshold
An Inventory Specialist needs to quickly identify how many different products currently have a stock level below 10 units. This helps prioritize reorders to prevent stockouts and maintain optimal inventory levels.
Generating Unique Product SKUs
As an Inventory Specialist, I need to create unique Stock Keeping Units (SKUs) for new products. Each SKU must combine the product category, color, and size to ensure accurate tracking. Manually constructing these SKUs for hundreds of items is time-consuming and prone to transcription errors. I need an automated way to generate these codes consistently.
Pinpointing Product Location in Inventory
An inventory specialist needs to quickly find the exact row number of a specific product in a large inventory spreadsheet to update its stock level or details. Manually scanning thousands of rows is time-consuming and prone to errors, especially when dealing with dynamic data.
Verifying Current Stock Levels for Orders
An inventory specialist needs to quickly check the current stock level of a specific item before placing a new order or confirming availability for a customer. Manual checks are slow and prone to errors, especially with a large inventory, potentially leading to overstocking or stockouts.